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Corporate regulator continues crackdown on Australia’s biggest names

In the last year alone, ASIC has reported a more than 50 per cent increase in enforcement investigations related to some of Australia’s largest banks.

Corporate regulator continues crackdown on Australia’s biggest names
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Corporate regulator continues crackdown on Australia’s biggest names

In an update for the period from September 2019 to February 2020, the Australian Securities and Investments Commission highlighted the 52 per cent increase in enforcement investigations involving CBA, NAB, Westpac, ANZ and AMP – or their officers or subsidiary companies.

Read more at Nestegg

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